IDEAS home Printed from https://ideas.repec.org/a/taf/tcpoxx/v10y2010i5p494-510.html
   My bibliography  Save this article

Carbon pricing and industrial policy in South Africa

Author

Listed:
  • BRENT CLOETE
  • GENNA ROBB

Abstract

Economic instruments to mitigate climate change alter the relative cost structures of sectors within economies and between economies. This will lead to structural changes within economies benefiting less carbon-intensive goods and services. One area of government policy that is particularly important in this context is industrial policy, which aims to facilitate structural changes in economies towards higher-productivity activities. To ensure that industrial policy places South Africa on a low-carbon growth path, it needs to start favouring less carbon-intensive industries. Industrial policy must align with the use of economic instruments to mitigate climate change in South Africa in order to ensure the implementation of appropriate industrial strategies for a carbon-constrained world. This interplay between carbon pricing and industrial policies in South Africa is investigated by considering, on the positive side, the opportunities created by climate change and, on the negative side, the potential impact of carbon pricing on industrial competitiveness. Climate change considerations can be successfully incorporated into industrial policy in order to move South Africa towards a sustainable low-carbon growth path. Several suggestions for modifying policy are made. This will ensure that the economic costs of carbon pricing are minimized while potential long-term competitiveness advantages are maximized.

Suggested Citation

  • Brent Cloete & Genna Robb, 2010. "Carbon pricing and industrial policy in South Africa," Climate Policy, Taylor & Francis Journals, vol. 10(5), pages 494-510, September.
    • Handle: RePEc:taf:tcpoxx:v:10:y:2010:i:5:p:494-510
    DOI: 10.3763/cpol.2010.0104
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.3763/cpol.2010.0104
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.3763/cpol.2010.0104?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Ricardo Hausmann & Dani Rodrik & Charles F. Sabel, 2008. "Reconfiguring Industrial Policy: A Framework with an Application to South Africa," CID Working Papers 168, Center for International Development at Harvard University.
    2. Harald Winkler and Andrew Marquard, 2007. "Energy Development and Climate Change: Decarbonising Growth in South Africa," Human Development Occasional Papers (1992-2007) HDOCPA-2007-40, Human Development Report Office (HDRO), United Nations Development Programme (UNDP).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jun-Yi Zheng & Wan-Gang Lv & Jie Shen & Mei Sun, 2022. "Study on the Impact of the Healthy Cities Pilot Policy on Industrial Structure Upgrading: Quasi-Experimental Evidence from China," Sustainability, MDPI, vol. 14(20), pages 1-18, October.
    2. Shengli Dai & Weimin Zhang & Yingying Wang & Ge Wang, 2022. "Examining the Impact of Regional Development Policy on Industrial Structure Upgrading: Quasi-Experimental Evidence from China," IJERPH, MDPI, vol. 19(9), pages 1-18, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Cuevas, Mario & Lée, Sigfrido & Pineda, Bismarck, 2010. "Industrial Policy in Guatemala: A Case of Policy Inertia under Changing Paradigms," IDB Publications (Working Papers) 3027, Inter-American Development Bank.
    2. Devlin, Robert & Moguillansky, Graciela, 2011. "Breeding Latin American tigers: operational principles for rehabilitating industrial policies," Copublicaciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 2024 edited by Eclac.
    3. Stephen R. Buzdugan & Heinz Tüselmann, . "Making the most of FDI for development: “new” industrial policy and FDI deepening for industrial upgrading," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.
    4. John Weiss, 2011. "Industrial Policy in the Twenty-First Century: Challenges for the Future," WIDER Working Paper Series wp-2011-055, World Institute for Development Economic Research (UNU-WIDER).
    5. Kate Grant, 2009. "Concentrated solar power in South Africa," Climate Policy, Taylor & Francis Journals, vol. 9(5), pages 544-552, September.
    6. Joseph T. Mahoney & Anita M. McGahan & Christos N. Pitelis, 2009. "Perspective ---The Interdependence of Private and Public Interests," Organization Science, INFORMS, vol. 20(6), pages 1034-1052, December.
    7. Ricardo Hausmann & Bailey Klinger, 2008. "South Africa's export predicament," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 16(4), pages 609-637, October.
    8. Pietrobelli C. & Puppato F., 2015. "Technology foresight and industrial strategy in developing countries," MERIT Working Papers 2015-016, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    9. Robert Devlin & Carlo Pietrobelli, 2019. "Modern Industrial Policy and Public-Private Councils at the Subnational Level: Mexico’s Experience in an International Perspective," L'industria, Società editrice il Mulino, issue 4, pages 761-791.
    10. repec:idb:brikps:7694 is not listed on IDEAS
    11. Mohamed Chaffai & Tidiane Kinda & Patrick Plane, 2012. "Textile Manufacturing in Eight Developing Countries: Does Business Environment Matter for Firm Technical Efficiency?," Journal of Development Studies, Taylor & Francis Journals, vol. 48(10), pages 1470-1488, October.
    12. Peter Schmidt, 2018. "Market failure vs. system failure as a rationale for economic policy? A critique from an evolutionary perspective," Journal of Evolutionary Economics, Springer, vol. 28(4), pages 785-803, September.
    13. Matt Andrews & Peter Harrington, 2023. "Facilitating learning and discovery-oriented industrial policy in Albania," CID Working Papers 431, Center for International Development at Harvard University.
    14. Ana Grisanti & Jorge Tudela Pye & Miguel Angel Santos & Ricardo Hausmann & Yang Li, 2021. "Loreto’s Hidden Wealth: Economic Complexity Analysis and Productive Diversification Opportunities," CID Working Papers 386a, Center for International Development at Harvard University.
    15. Panadeiros, Monica & Benfield, Warren, 2010. "Productive Development Policies in Jamaica," IDB Publications (Working Papers) 1495, Inter-American Development Bank.
    16. Pietrobelli, Carlo & Puppato, Fernanda, 2016. "Technology foresight and industrial strategy," Technological Forecasting and Social Change, Elsevier, vol. 110(C), pages 117-125.
    17. Resnick, Danielle, 2019. "Strong democracy, weak state: The political economy of Ghana’s stalled structural transformation," IFPRI book chapters, in: Ghana’s economic and agricultural transformation: Past performance and future prospects, chapter 3, International Food Policy Research Institute (IFPRI).
    18. Scully, Ben, 2023. "South Africa's response to the Covid-19 pandemic: The crisis in the context of the history of South African capitalism," IPE Working Papers 220/2023, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    19. Yakovlev, A. & Govorun, A., 2011. "Business Associations as a Business-Government Liaison: An Empirical Analysis," Journal of the New Economic Association, New Economic Association, issue 9, pages 98-127.
    20. Baniyelme D. Zoogah & William Y. Degbey & Maria Elo, 2023. "Industrial policy environments and the flourishing of African multinational enterprises," Journal of International Business Policy, Palgrave Macmillan, vol. 6(4), pages 408-431, December.
    21. Eduardo Fernández-Arias & Charles Sabel & Ernesto H. Stein & Alberto Trejos, 2016. "Two to Tango: Public-Private Collaboration for Productive Development Policies," IDB Publications (Books), Inter-American Development Bank, number 94716, February.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:tcpoxx:v:10:y:2010:i:5:p:494-510. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/tcpo20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.